Fully Equipped Upscale Lounge and Restaurant for Sale- 1.6 MM Sales
Asking Price: | $375,000 |
Rent: | $9,903/Month |
Gross Revenue: | $1,600,000 |
Upscale Lounge and Restaurant for Sale!
$1.6 million in annual sales! Incredible opportunity to own a fully equipped upscale restaurant, lounge, and event space located in the heart of an iconic area of Providence, RI. This turnkey Lounge and Restaurant for Sale boasts three bars and two floors, offering a unique and versatile experience for patrons. This property is ready for a new owner to step in and take over a thriving operation.
The Lounge and Restaurant for Sale space is fully outfitted with everything needed for smooth operations, including a 15.5 ft hood, undercounter grease trap, fryers, 6-burner stove/24-inch flat top combo, 36-inch grill, smallwares, prep tables, sheet pan racks, glass door reach-in cooler, True two-door reach-in freezer, (2) undercounter coolers, worktop coolers, single door fridge, ice machines, chest freezer, assorted hookah supplies, tables, chairs, bench seating, bar chairs, sofas, coffee/side tables, folding tables, ice wells, bar glassware, smallwares, Clover POS system with three terminals, flat-screen TV, neon signs, trash receptacles, Yukon worktop glass door reach-in coolers, Yukon worktop 3-door cooler, hand sinks, single-door wine fridge, glass reach-in beer cooler, 3-bay sinks, Red Bull glass door reach-in fridge, and True 2-door reach-in glass front 5ft fridge.
Providence is known for its vibrant cultural scene, rich history, and diverse culinary offerings, making it a prime location for any food and beverage establishment. The area is home to a mix of residents, students, and tourists, all contributing to a dynamic atmosphere and a steady stream of potential customers. This Lounge and Restaurant for Sale offered by We Sell Restaurants is ideally positioned in one of the busiest and most desirable neighborhoods. Nestled among a lively mix of popular attractions—restaurants, retail shops, and more—that attract both locals and visitors alike. The growing population and ongoing developments in the area further enhance the growth potential for any business operating here.
The Lounge and Restaurant for Sale is surrounded by popular retail shops, cultural attractions, and other well-established dining destinations, ensuring a steady flow of foot traffic and providing a complementary environment for attracting patrons.
This turnkey Lounge and Restaurant for Sale is ideal for an owner-operator or investor looking for a prime Providence location with high foot traffic and a reputation for upscale dining and events. The space is set up to cater to a variety of concepts—whether you're looking to run an upscale dining experience, lounge, or host exclusive events, this location has everything you need to get started immediately. The growing demand for upscale dining experiences in Providence, coupled with the area's eclectic mix of residents and visitors, makes this an exceptional opportunity for growth and expansion.
Don't miss out on this rare opportunity to acquire a fully equipped, successful Lounge and Restaurant for Sale in a highly desirable area of Providence. Contact us today for more details!
By providing your phone number to We Sell Restaurants, you agree to receive text notifications.
Popular Restaurant with Active Bar For Sale REDUCED
Providence, RI
Price: $545,000
Upscale Urbane Wine Bar Restaurant REDUCED
Providence, RI
Price: $150,000
Fully Equipped Cafe for Sale in Rhode Island Priced to Sell
Providence, RI
Price: $125,000
Teriyaki Madness
Available Nationwide
FranchiseCash Required: $200,000